You are the owner of a toy stand in a mall and you need to decide how many units of a particular toy you will order to sell at your stand. You know that the demand will either be 20, 40, 60, 80 or 100 with equal likelihood. The unit cost of the toy is $4 and every unit you sell earns revenue of $10 per unit. Leftover units cannot be salvaged or re-sold and are worthless. You have only one opportunity to buy in anticipation of demand. Because the toys are shipped in batches, you must order in units of 20.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more